The Latest

The founders of JDJ Resources Corporation have left Rothstein Kass Family Office Group to launch JDJ Family Office Services.

Peter Konigsberg, an accountant and lawyer who provided services to numerous clients of Bernard Madoff’s investment firm, and who was a personal tax and business adviser to Madoff, pleaded guilty Tuesday in a Manhattan federal court to various charges and faces up to 30 years in prison.

The Internal Revenue Service has posted an updated Foreign Financial Institution Agreement on its Web site for implementing the Foreign Account Tax Compliance Act, or FATCA.

PricewaterhouseCoopers has created a new video for YouTube featuring five women on the firm’s U.S. Leadership Team.

The American Institute of CPAs has sent a letter expressing strong concern with the Internal Revenue Service’s proposed voluntary certification program for tax return preparers, saying it “would cause significant legal problems that may ultimately frustrate the IRS’s goals, confuse the public, and lead to litigation.”

The Senate Finance Committee held a hearing Tuesday to examine ways to improve tax credits for education and lower student debt as part of the latest series of hearings on tax reform.

Boyd Falls, the former managing partner of Austin & Falls CPAs in Charlotte, N.C., has died.

Former fraudster and current FBI advisor Frank Abagnale has one response for people who regularly compliment his intelligence.

The IRS Electronic Tax Administration Advisory Committee presented its 2014 Annual Report to Congress during a public meeting Tuesday, with recommendations including the creation of an online IRS account for individual and business taxpayers and tax professionals.

Joseph Falbo has been tapped as president-elect for the New York State Society of Certified Public Accountants.